Ink Industry Hopeful, Despite Adversities

Add to this alarming equation the overall rising costs of energy, transportation, and employee health care, and it's plain to see why ink manufacturers have had to raise the price of their products.

"No business can absorb the type of cost increases we've seen in 2005 without adjusting its prices," said Richard Pettifor, president, Sun Chemical North American Packaging Inks. "This year's spiraling costs have placed enormous pressure on margins. Sun Chemical has worked hard to control costs and improve its efficiency so we could continue to offer outstanding value, but this could not be sustained without price increases."